Globus Maritime (NASDAQ:GLBS) Now Covered by StockNews.com

Investment analysts at StockNews.com began coverage on shares of Globus Maritime (NASDAQ:GLBS) in a note issued to investors on Saturday. The brokerage set a “hold” rating on the shipping company’s stock.

Globus Maritime Stock Performance

Shares of NASDAQ:GLBS opened at $1.18 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 4.85 and a quick ratio of 4.78. Globus Maritime has a 1 year low of $1.06 and a 1 year high of $2.74. The firm has a market capitalization of $24.29 million, a PE ratio of 8.43 and a beta of 0.32. The business’s 50 day moving average price is $1.44 and its 200-day moving average price is $1.66.

Globus Maritime Company Profile

Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. It owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes. As of September 20, 2024, the company operated eight dry bulk vessels with a total carrying capacity of 571,313 deadweight tonnage.